This table shows the Monthly All-Items Consumer Price Index (CPI-U) and Annual Inflation Rates for Canada in 1940. You can find upcoming CPI release dates on our schedule page. These numbers are released by Statistics Canada.
| Month | CPI | Monthly Inflation Rate | Yearly Inflation Rate |
|---|---|---|---|
| January 1940 | 7.8 | 0.0 % | 2.6 |
| February 1940 | 7.8 | 0.0 % | 2.6 |
| March 1940 | 7.9 | 1.3 % | 3.9 |
| April 1940 | 7.9 | 0.0 % | 3.9 |
| May 1940 | 7.9 | 0.0 % | 3.9 |
| June 1940 | 7.9 | 0.0 % | 3.9 |
| July 1940 | 8.0 | 1.3 % | 5.3 |
| August 1940 | 8.0 | 0.0 % | 5.3 |
| September 1940 | 8.1 | 1.2 % | 6.6 |
| October 1940 | 8.1 | 0.0 % | 3.8 |
| November 1940 | 8.1 | 0.0 % | 3.8 |
| December 1940 | 8.2 | 1.2 % | 5.1 |
Annual CPI: 8.0
Annual Inflation Rate: 3.9%
Annual Inflation Rate: 3.9%
What is the relation between CPI and Inflation Rate?
The Consumer Price Index (CPI) is used to measure Inflation rates. The formula is as follows:
CPI2 = Consumer Price Index of the second period
CPI1 = Consumer Price Index of the initial period
Notice an error in these tables?
We do our best to ensure the data is accurate and up to date. However, if one of these numbers seem wrong, please contact us and we will fix it as quickly as possible. Keep in mind that we extract the Consumer Price Index and Inflation Rates on a monthly basis from Statistics Canada’s databases.
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